In a shift that has generated considerable discussion, Robert Kiyosaki, the author of the well-known financial book “Rich Dad Poor Dad,” recently reflected on his investment strategy, particularly regarding silver and Bitcoin.
At the beginning of the year, Kiyosaki made headlines when he announced his decision to sell his silver holdings to invest in Bitcoin. During a January update on his YouTube channel, he shared his long-term relationship with silver, noting that he had been accumulating it since 1964. He expressed confidence in Bitcoin as “this generation’s money,” citing rising U.S. debt levels as a catalyst for the cryptocurrency’s anticipated growth. At that time, Kiyosaki boldly projected that Bitcoin could soar to $250,000 within the year.
However, as the year progressed, Kiyosaki’s investment predictions did not materialize as he had hoped. Bitcoin’s price, which briefly reached $126,000, has recently settled around $87,000—an 11% decline year-to-date. In light of these developments, Kiyosaki disclosed that he sold his Bitcoin holdings to turn his attention toward real estate investments.
In sharp contrast to Bitcoin’s trajectory, silver has experienced remarkable gains. The precious metal surged to an impressive new record price near $84 an ounce before retracting slightly to around $72. Even at this adjusted price, silver remains up over 140% year-to-date. Kiyosaki has maintained a bullish outlook on silver, frequently sharing his optimistic forecasts on social media. He has suggested that silver could potentially reach $200 per ounce.
Yet, despite his overall positive sentiment towards silver, Kiyosaki expressed caution recently, warning that a significant market correction may be on the horizon. He described an impending “Fear of Missing Out (FOMO) MANIA crash” and advised potential investors to wait for a substantial dip before making any purchases. He believes that silver could indeed surpass $100 per ounce by 2026, perhaps even reaching the coveted $200 mark.
For Kiyosaki, a crash in the market might represent an advantageous re-entry point for investors looking to capitalize on silver’s potential. His emphasis on the wisdom of strategically timing purchases rather than sales underscores a fundamental lesson he learned from his “Rich Dad”: “Your profit is made when you buy….NOT when you sell.”
